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Subject: Miscellaneous
Date: August 16, 1997
Length: 15 / 4296
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The price fluctuations strengthened. Right after harvesting, grain prices equaled UAH 300-350 (USD 56-66) per ton, and in spring 2000 grain prices skyrocketed to UAH 600-700 (USD 113-132) per ton. In developed countries, the seasonal difference equals 20-30%...
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In developed countries, the seasonal difference equals 20-30%. The fluctuations in trade volumes were even stronger. During the period between harvesting and the end of the year, 11 million tons of grain had been sold. As a result, in spring 2000 the food market came under intense pressure, the bread prices and inflation rates increased, while the purchasing power of the population decreased...
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